Assume Adaptive Expectations

question 99

Multiple Choice

Assume adaptive expectations.Compared to a simple one-period lag,if the last five periods' inflation rates are averaged to arrive at currently expected inflation,we have ________ disinflationary loops and ________ recessions accompanying disinflationary policy

• A)skinnier,milder
• B)skinnier,deeper
• C)fatter,milder
• D)fatter,deeper

---

Definitions:

First Date

An initial meeting between two individuals where they spend time together to assess mutual interest in pursuing a relationship.

Acquaintance

A person one knows slightly, but who is not a close friend.

Misogyny

The hatred of, contempt for, or prejudice against women or girls.

Hatred Of Women

Deep-seated aversion or hostility towards women, also known as misogyny.